The minister’s comments were contained in a statement released by his media aide, Olayinka Oyebode on Tuesday, March 14.

According to the statement, Fayemi said experts with proven track records and the required financial capability would be encouraged to key into the scheme through a competitive bidding process that would be transparent.

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The minister also said that the government is committed to ensuring Ajaokuta works, because it believes that a functional Ajaokuta Steel complex would greatly assist the country’s developmental drives.